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Direct banking feeds

Important News about your Direct Banking Feeds New EU industry-wide standards that are scheduled to take effect from 14 September 2019 may affect your live banking feed. Some of Xero’s bank feed connections will change to comply with the new requirements. Xero’s existing bank feeds with Barclays, as well as all UK and EU bank set up ...

Cashflow Management

Follow this link to our Cashflow Management Service. Discover some of our other Services on our How We Help You Grow Page. ...

Taxable Income Thresholds 2019/20

Over shoulder view of man filming another man walking down starirs Know your Taxable Income Thresholds to Make Planning More Effective Knowing what your taxable income thresholds are is an important way to make the most of your personal and business finances. They change regularly though, and can sometimes be complicated. The guide below ...

Leaving the EU

Advice for Small Businesses on leaving the EU While at the time of writing we still don't know what terms we will be leaving the EU on, there are still things you can do to prepare for departure. HMRC have issued a guide with information and links to advice if you: If you import/Export to the EUIf you provide services or operate in th...

Making Tax Digital: How to prepare in 5 steps

VAT-registered  businesses the first to go through MTD Around a million VAT-registered businesses will need to  comply with new digital reporting rules from April 2019. If you’re one of them,  you’ll need to make sure you’re prepared. And creative businesses in the London area are no exception. Making Tax Digital ...

Chaser – Automated Invoice Chasing – with a human touch

: Chaser A couple of weeks ago a few of us from our London bases trekked over to Excel to attend the XeroCon conference.  It’s always a great opportunity to catch up on what new updates Xero are bringing out and step back and take a look at the broader picture of cloud accounting (which as you all know we just love!).   As app lover...

Xero Xenology – Customise Your Invoices in Xero

  Customise Your Invoices in Xero Previously we went through the process of creating online quotes and invoices in Xero and discussed the added value that could bring to your business.  This time we are going to touch on customisation. If your business is a creative one, it’s more than likely that the aesthetics of everything you do is vita...

Cloud Security – How Safe Is Online Acccounting?

Cloud Security One of the worries many small businesses have about cloud accounting is cloud security. It’s a reasonable question to ask in a world of identity theft and hackers.  And with GDPR on everyone’s mind, we thought it would be a good opportunity to revisit the issue of data protection, cloud security and security in general. The ...

What Is Your Business Worth? And Why Does It Matter?

Why does it matter what your business is worth? Why does it matter what your business is worth? It may be that you are planning on selling it in the future, either for retirement or to explore other challenges.  You’ll also need to know its value if you are planning on raising capital or creating shares. Or you might simply want to put a num...

Management Accounts (and why you need them to grow your business)

Management Accounts (and why you need them to grow your business)   Most business owners can apply themselves to running basic accounts and tax returns.  You’re an entrepreneur after-all, you’re not afraid of a learning curve and a few late nights. However, management accounts are a whole different ball game and they can really make the d...

9 Reasons You Might Be Singled Out For a Tax Investigation (and 5 ways to reduce the risk)

9 Reasons You Might Be Singled Out For a Tax Investigation (...and 5 ways to reduce the risk) HMRC Tax Investigations are known to last 16 months on average and cost thousands of pounds in accountancy fees.  That’s before you even pay any unpaid tax you might be liable for or any penalties.  The good news is that you can protect yourself fr...

Your Own Design Studio – How to Start Up

Design Studio Start Up - Where Do You Start?   When you decide to start up your own design studio there are lots of elements to get to grips with and it might be easy to think that you can figure it out as you go along.  That’s true to a point, but there are some key areas you need to be clear on from the outset to give your business a figh...